Wednesday, December 14, 2016

Shariah Gold Standard Is “Revolutionary” – Mobius

The executive chairman of Templeton Emerging Markets Group was speaking at the ‘Gold in Islamic Finance’
conference organised by the Accounting and Auditing Organisation for
Islamic Financial Institutions (AAOIFI), the World Gold Council and
Amanie Advisors and held in Dubai last Thursday.

“This standard is a God send. We have a global standard for gold. This is innovative and revolutionary” said Mark Mobius.

Dr
Mobius drew the audiences attention to the growth potential in both the
emerging markets and Islamic World of 1.6 billion people and some 100
million investors.

“This Shariah gold standard is a Godsend for those Islamic households that would like to invest in gold funds”